Multi Family at 37 39 Old Oak Avenue, Cranston

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47 photos

$780,000

37 39 Old Oak Avenue

Cranston, RI 02910

Listed by Madelynn Duarte

Bedrooms

Bathrooms

Living area

N/A

Year built

1920

About this home

A ONE-OF-A-KIND MULTIFAMILY OPPORTUNITY! Welcome to 37–39 Old Oak Avenue, an exceptionally maintained two-family property where every inch has been thoughtfully utilized to maximize space, functionality, and versatility. Each spacious unit offers three bedrooms, beautifully updated interiors, and comfortable living accommodations. Beyond the two main units, this property features additional accessory space currently enjoyed as a private man cave, along with a finished basement offering additional partitioned office space—perfect for those seeking flexibility beyond traditional multifamily living. Additional highlights include a newer roof, solar panels serving each unit, off-street parking, and outdoor entertaining space. Currently tenant-occupied, this property presents an exciting opportunity for investors seeking an income-producing asset or future owner-occupants looking to combine homeownership with rental income. Conveniently located near shopping, dining, and major highways, this is not your average two-family! A unique property offering space, versatility, and income potential all under one roof.

Property details

MLS #: 1423963
Property type: Multi Family
Subdivision: N/A
Status: Active
Days on market: 1
On market date: September 21, 2026
Stories: N/A
Total bathrooms: 3
Garage spaces: N/A
Parking spaces: 4
Lot size: 0.0944 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Arlington School

0.21 mi away · Grades -1-5

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 207
Student:teacher ratio: 12.9:1
District: Cranston

MiddleCharter

AF Iluminar Mayoral Middle Sch

0.6 mi away · Grades 5-7

Nearest school -- attendance-zone data not available here

3.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 307
Student:teacher ratio: 16.2:1
District: Achievement First Rhode Island

High

Dr. Jorge Alvarez HS

1.24 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 681
Student:teacher ratio: 13.1:1
District: Providence

Walkability

Blended score for Cranston's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

Highly walkable

out of 100

EPA National Walkability Index

17.7 / 20 -- Most walkable

Nearby-amenity density

100 / 100

Restaurants & cafes20

Grocery stores11

Parks10

Schools12

Transit stops20

Pharmacies2

Market position

How this listing compares to current activity in Cranston, from live MLS data.

On the market 1 days -- 33 fewer days than Cranston's current average of 34 days.

For reference, the median list price across 386 active listings in Cranston right now is $482,450.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$4,847/mo

$156,000 down

$624,000 loan

Principal & interest$4,047

Property tax (est.)$650

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.